GLDI - Physical Gold Investors Will Eventually Be Rewarded For Their Patience

May, 23 2022 04:40 AM Credit Suisse X-Links Gold Shares Covered Call ETN

The Fed and other central bankers are getting very hawkish. I appreciate how much it scares gold investors.
But don't worry. The stock market is already significantly down from its January 2022 highs. So, it is unlikely the Fed would hike the rates dramatically from their current levels.
Even if the base interest rate in the US eventually totals 3%, which is unlikely, the real rates will still be negative. That's bullish for gold.
Most of the gold's cheapness is due to "paper gold".
I suggest buying physical gold for the long term without investing in "paper" gold.

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Company Name:	Credit Suisse X-Links Gold Shares Covered Call ETN
Stock Symbol:	GLDI
Market:	NASDAQ